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José Luis
The members of the Bankito Rio Bravo communal bank meet every 15 days in Rio Bravo de Montecristi. The city is known for its great diversity of typical products like the straw hats that are known within and outside of the country.

This is where Jose, age 20, lives. He is single, and he lives in his parents’ house. He has been in the communal bank since it began. He likes it because the loans help him to get ahead and forge a better future.

Jose is a very hard-working young man. He likes to get ahead through his work. He makes bricks (material used for building houses) with his father. They are really hoping for this loan because they are a little under-financed for making bricks, and they have a big order to deliver.

Thanks to the loan they will be able to buy the needed material and complete this order. They deliver their products to their customers in a small truck that they have. This is how they get ahead honorably.

This loan is to buy wood and soil to make their products.

His dream is to buy a bigger truck to take their products.
View original language description ↓
En el sitio Rio Bravo de Montecristi, ciudad conocida por su gran diversidad de productos típicos por ejemplo los sombreros de paja toquilla conocidos dentro y fuera del país, se reúnen cada 15 días las socias del Banco Comunal Bankito Rio Bravo.

En este lugar vive el señor José, tiene 20 años de edad, está soltero y vive en la casa de sus padres. Está desde el inicio en el Banco Comunal y le gusta porque los créditos le ayudan a salir adelante y forjarse un mejor porvenir.

Don José es un joven muy trabajador que le gusta a punta de su trabajo salir adelante, él en sociedad con su papá se dedican a la fabricación de ladrillos (material utilizado en la construcción de viviendas), ellos esperaban mucho este crédito porque estaban un poco desfinanciados para fabricar ladrillos y tienen un pedido grande que entregrar, gracias al crédito van a poder comprar el material necesario y cumplir con este pedido, ellos entregan sus productos a sus clientes en un pequeño camión que tienen. Es así como salen adelante honradamente.

Este crédito es para comprar madera y tierra para elaborar sus productos.

Su sueño es comprar un camión más grande para llevar sus productos.

About Ecuador

  • $10,600
    Average annual income
  • 54
    View loans »
    Ecuador Loans Fundraising
  • $24,308,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,075 helped José Luis to buy wood and soil.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2013
Listed
May 23, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 21, 2013